PPP Loan information for Detroit telecom construction

$135,500

Detroit telecom construction was initially approved for PPP Loan of amount $135,500, the current approved amount is $135,500. The loan was approved on 04/08/2020 by The PNC Bank, National Association reported 13 jobs and $135,500 was used to fund payroll.

Detroit telecom construction is Existing or more than 2 years old

DETROIT TELECOM CONSTRUCTION

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT TELECOM CONSTRUCTION

Borrower Address

21116 SHARKEY ST

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48035-3564

Loan Status Date

02/11/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

135500.00

Current Approval Amount

135500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48035-3564

CD

MI-10

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111385.72

Forgiveness Date

08/19/2021

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